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Magnum Hunter Touts Record Throughput at Utica Gathering Pipeline
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Eureka Hunter Pipeline, LLC, a majority-owned subsidiary of Magnum Hunter Resources Corporation, has reported that throughput volumes on Eureka Hunter's gas gathering pipeline system located in West Virginia and Ohio have increased to approximately 166,500 MMBtu per day.
During December 2013, Triad Hunter LLC, a wholly-owned subsidiary of the Company, produced approximately 45% of the volumes that flowed through the Eureka Hunter Pipeline System. The Company expects Eureka Hunter to flow an additional 40,000 MMBtu per day of throughput volumes (approximately 206,500 MMBtu per day total) from Triad's new WVDNR and Ormet wells located in Wetzel County, West Virginia and Monroe County, Ohio, respectively. These new wells are scheduled to go online sometime over the next three to six weeks.
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